Shanghai-Based Owner Rebrands One Chase Manhattan Plaza to 28 Liberty

Shanghai-based Fosun Property Holdings recently welcomed New York City commercial leasing brokers to the newly repositioned 28 Liberty for a broker party to celebrate the introduction of the tower under its new name.

The 60-story, 2.2 million-square-foot class-A office building, with 1 million square feet of vacant office space, began leasing under the new 28 Liberty identity in January. JLL is the leasing agent for the property.

The broker party featured entertainment and ornate decorative elements in honor of Chinese New Year and the owner of the building.

Since acquiring the building in December 2013, Fosun has initiated a comprehensive renovation, including the lobby, elevators, critical infrastructure and plaza.

Fosun also has initiated free Wifi service for the convenience of visitors to the building’s 2.5-acre plaza. The redeveloped property includes more than 200,000 square-feet of retail space.

“28 Liberty has extraordinary assets, including world-class design, a remarkable plaza and direct access to mass transit,” said Erik Horvat, managing director at Fosun Property Holdings.“The property is poised to take its position at the centerpiece of Lower Manhattan’s revitalization.”

Originally One Chase Manhattan Plaza, 28 Liberty was designed by renowned architect Gordon Bunshaft, and was once the headquarters of Chase Manhattan Bank. In 1961, David Rockefeller, as head of the bank’s building committee, selected the site and oversaw its construction. Given its historical significance, architectural uniqueness and public impact, One Chase Manhattan Plaza was designated as a landmark by the New York City Landmarks Preservation Commission in 2009.